According to Sukoon Insurance's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.05246. At the end of 2022 the company had a P/E ratio of 6.43.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.43 | 11.26% |
2021 | 5.78 | 24.44% |
2020 | 4.64 | -19.25% |
2019 | 5.75 | -93.61% |
2018 | 90.0 | 1050% |
2017 | 7.83 | -4.97% |
2016 | 8.24 | -31.37% |
2015 | 12.0 | 96% |
2014 | 6.12 | -11.56% |
2013 | 6.92 | -54.87% |
2012 | 15.3 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.